The Franklin Industrial & Commercial Development Authority (FICDA) was established in 1985 to operate the Venango Area Industrial Complex. The complex consists of three buildings on 23+ acres located in the City of Franklin, Venango County, Pennsylvania.

In 1988, FICDA had 8 tenants and 139 employees. Today, FICDA is home to 28 businesses, employing over 800 people. There have been a number of businesses who got their start at FICDA and have moved out and into their own buildings throughout the community.

Starting and running a small business is difficult and many fail within the first two years. FICDA offers amenities such as low-cost office and manufacturing space, with flexible lease options. In addition, technological and business assistance service are offered to the entrepreneur.

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